Bitcoin Current Cycle compared to Gann & Hurst Nominal Cycle
***IN REFER TO MY PREVIOUS ANALYSIS ...I thought that it was a good idea to republish it as chart was not clear in my previous Analysis...I have now enlarged chart and added some more information...hoping its more clear now-
Even if we do not have a lot of datas on Bitcoin using what we have we can see the following patterns :
- October 8th 2010 a 10 years Cicle started with Wave 1 ( I presume that this is 1/3 of a 30 years Cicle...but this is only an assumption for now as there are not enough data to confirm )
- June 8th 2011 End of Wave 1 with a Top
- November 19th 2011 End of Wave 2 with a Bottom
- November 30h 2013 End of Wave 3 with a Top
- January 14th 2015 End of Wave 4 with a Bottom
- December 17th 2017 End of Wave 5 with a Top
Then we had an ABC correction Pattern
- December 15th 2018 End of Wave A with a Bottom
- June 26th 2019 End of Wave B with a Top
- March 13th 2020 End of Wave C with a Bottom
10 years CICLE ENDED
The entire move started on October 8th 2010 to December 17th 2017 could be Wave 1 of what I think it could be the 30 years cycle and it completes the 7 year Super Cycle Top
The entire correction move started on December 17th 2017 to March 13 2020 could be Wave 2 of what I think it could be the 30 years cycle and it completes the 3 year coorrection Cycle Bottom
NOW :
- a New 7 Years SUPER CICLE STARTED with Wave 1 starting on March 13th 2020
- The 30 Years Cycle is on Wave 3
If the future is but a repetition of the past I think that we could see a major move up considering the Sum of 3rd Wave of 30 Years Cycle and Wave 1 of the 7 Year Super Cycle that are both bullish and pushing in same direction.
Legenda :
7 YEAR BULLISH SUPER CYCLE WAVES IN GREEN
30 YEARS CYCLE WAVES IN BLUE
*** Additional Note :
7 Years MA in Blue provided perfect support to both Bottoms on December 15th 2018 and on March 13th 2020 confirming that the 7 Years Cycle is in place and running.
Bottoms on December 15th 2018 and March 13th 2020 where Wave A and wave C of Correction pattern ABC
*** Additional Note :
- BITCOIN CURRENT CYCLE ( 3444 DAYS ) ...Tradingview is only counting 3439 days because probably some datas are missing for the initial phase of Bitcoin Chart...but if you take the real dates I get 3.444 Days
- HURST NOMINAL CYCLE ( 3273,6 DAYS )
- GANN 10 YEARS CYCLE ( 3600 DAYS )
-VARIATION:
170,40 DAYS COMPARED TO HURST NOMIMAL CYCLE
156 DAYS COMPARED TO GANN 10 YRS CYCLE
Just quoting William Delbert Gan now:
"”The next important major cycle is the 10-year cycle, which produces fluctuations of the same nature and
extreme high or low every 10 years. Stocks come out remarkably close on each even 10-year cycle. The
minor cycles are 3 years and 6 years. “” - William D. Gann -
Even if we do not have a lot of datas on Bitcoin using what we have we can see the following patterns :
- October 8th 2010 a 10 years Cicle started with Wave 1 ( I presume that this is 1/3 of a 30 years Cicle...but this is only an assumption for now as there are not enough data to confirm )
- June 8th 2011 End of Wave 1 with a Top
- November 19th 2011 End of Wave 2 with a Bottom
- November 30h 2013 End of Wave 3 with a Top
- January 14th 2015 End of Wave 4 with a Bottom
- December 17th 2017 End of Wave 5 with a Top
Then we had an ABC correction Pattern
- December 15th 2018 End of Wave A with a Bottom
- June 26th 2019 End of Wave B with a Top
- March 13th 2020 End of Wave C with a Bottom
10 years CICLE ENDED
The entire move started on October 8th 2010 to December 17th 2017 could be Wave 1 of what I think it could be the 30 years cycle and it completes the 7 year Super Cycle Top
The entire correction move started on December 17th 2017 to March 13 2020 could be Wave 2 of what I think it could be the 30 years cycle and it completes the 3 year coorrection Cycle Bottom
NOW :
- a New 7 Years SUPER CICLE STARTED with Wave 1 starting on March 13th 2020
- The 30 Years Cycle is on Wave 3
If the future is but a repetition of the past I think that we could see a major move up considering the Sum of 3rd Wave of 30 Years Cycle and Wave 1 of the 7 Year Super Cycle that are both bullish and pushing in same direction.
Legenda :
7 YEAR BULLISH SUPER CYCLE WAVES IN GREEN
30 YEARS CYCLE WAVES IN BLUE
*** Additional Note :
7 Years MA in Blue provided perfect support to both Bottoms on December 15th 2018 and on March 13th 2020 confirming that the 7 Years Cycle is in place and running.
Bottoms on December 15th 2018 and March 13th 2020 where Wave A and wave C of Correction pattern ABC
*** Additional Note :
- BITCOIN CURRENT CYCLE ( 3444 DAYS ) ...Tradingview is only counting 3439 days because probably some datas are missing for the initial phase of Bitcoin Chart...but if you take the real dates I get 3.444 Days
- HURST NOMINAL CYCLE ( 3273,6 DAYS )
- GANN 10 YEARS CYCLE ( 3600 DAYS )
-VARIATION:
170,40 DAYS COMPARED TO HURST NOMIMAL CYCLE
156 DAYS COMPARED TO GANN 10 YRS CYCLE
Just quoting William Delbert Gan now:
"”The next important major cycle is the 10-year cycle, which produces fluctuations of the same nature and
extreme high or low every 10 years. Stocks come out remarkably close on each even 10-year cycle. The
minor cycles are 3 years and 6 years. “” - William D. Gann -
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